Value Add Self Storage Facility
Industrial
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: |
30804387 |
| Property Subtypes: |
Manufacturing, Light Industrial, Research & Development, Self Storage, Warehouse/Distribution
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| Building Size (RSF): |
107,600 SF
|
| Gross Land Area: |
6.20 Acres
|
| Sale Price: |
$6,500,000 |
| Unit Price: |
$60.41 PSF |
| Docks/Doors: |
6 Docks, 2 Doors |
| Office SF: |
3,500 SF |
| Drive In Bays: |
2 Bays |
| Property Use Type: |
Investment |
| Building Name: |
Bow Tie Self Storage |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
72 |
| Last Updated: |
6/29/2022 |
Overview / Comments
Column Realty is pleased to present Bow Tie Storage, a Value Add Self Storage Facility, located in the center of Louisville, KY. Opened in January 2020, Bow Tie Storage represents an outstanding self storage redevelopment of a large industrial building. The facility includes an impressive 107,000 GROSS Square Feet that features a combination of climate-controlled self storage along with warehouse & distribution space. This Value-Add opportunity also includes a large RV Lot as well as an additional vacant 1.5 Acres. Current ownership redeveloped the facility with outstanding features including Janus Doors & Hallways.
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Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Taxing Authority: |
Jefferson County |
| Tax ID/APN: |
214800170000 |
| Zoning: |
CM - Commercial Manufacturing |
| Property Located Between: |
Hikes Lane and Champions Trace Lane |
| Highway Access: |
I-264 |
| Airports: |
Louisville International Airport |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
53,800 SF |
| Property Condition: |
Good |
| Year Built: |
1986 |
| Year Renovated: |
2019 |
| Roof Type: |
Flat |
| Construction/Siding: |
Concrete - Tilt up |
| Parking Type: |
Surface |
| Total Parking Spaces: |
85 |
| Column Spacing: |
22 |
| Freight Elevators: |
1 |
| Sprinklers: |
Dry |
| Heat Type: |
Electricity |
| Heat Source: |
Central, Wall Units |
| Air Conditioning: |
Package Unit |
| Lighting: |
LED, Fluorescent |
| Internet Access: |
DSL |
| Zoning Description: |
CM Zoning |
| In Flood Plain?: |
Yes |
| Lot Frontage: |
387 |
| Lot Depth: |
265 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Electric Lines, Utilities |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,265 |
113,453 |
304,968 |
| Median Age: |
38.79 |
38.39 |
38.11 |
| Households: |
4,716 |
49,514 |
134,134 |
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